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This paper provides a positive and normative discussion of the role of competition law – and competition authorities – in fostering or hampering innovation in regulated industries, specifically the telecommunications industry. I combine an analysis of recent EU and American case law with a...
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This paper introduces a unique historical data set of more than 8,000 British and American innovations at world fairs between 1851 and 1915 to explore the relationship between patents and innovations. The data indicate that the majority of innovations - 89 percent of British exhibits in 1851 -...
Persistent link: https://www.econbiz.de/10014055852
The effects of a new firm's entry into the telecom service market are examined further. These consist of up- and downstream markets, corresponding to the first and second stages in game theory. When a new entrant can succeed in process innovation and lower production cost, entry of the entrant...
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Net neutrality is a widely debated policy issue that has the potential to alter the dynamics of accessing online content. The focal point of the debate lies in whether broadband service providers should be allowed to charge content providers for the preferential delivery of their digital...
Persistent link: https://www.econbiz.de/10013095838
Trade-offs between imitation and innovation create natural tensions in the design of competition policy for the telecommunications industry. We explore the relationship between the prices of unbundled network elements (UNEs) and static/dynamic efficiency. We find that even when UNEs are priced...
Persistent link: https://www.econbiz.de/10005490008
We consider a two-sided market model with a monopolistic Internet Service Provider (ISP), network congestion sensitive content providers (CPs), and Internet customers in order to study the impact of Quality-of-Service (QoS) tiering on service innovation, broadband investments, and welfare in...
Persistent link: https://www.econbiz.de/10008673514
Digital technologies from outside the electricity industry are prompting changes in both regulatory institutions and electric utility business models, leading to the disaggregation or unbundling of historically vertically integrated electricity firms in some jurisdictions and not others, and...
Persistent link: https://www.econbiz.de/10013027371
Around the turn of the century, the gas market in the Netherlands underwent a drastic shift in governance. Although the gas value chain was initially designed as a natural monopoly, it was dismantled by introducing competition on the basis of two European Union (EU) Directives that allowed third...
Persistent link: https://www.econbiz.de/10012707958